Kerala PSC Previous Years Question Paper & Answer

Title : Technical Education - Head of Section in Commercial Practice
Question Code : A


Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'Technical Education - Head of Section in Commercial Practice' And exam conducted in the year 2022. And Question paper code was '63/2022/OL'. Medium of question paper was in Malayalam or English . Booklet Alphacode was 'A'. Answer keys are given at the bottom, but we suggest you to try answering the questions yourself and compare the key along wih to check your performance. Because we would like you to do and practice by yourself.

page: 2 out of 14
Excerpt of Question Code: 63/2022/OL

கரடி (i)
B:-Only (0
C:-None of the above
०-५॥ of the above
Correct Answer:- Option-D
Question8:-The Scheme of intemal reconstruction requires approval of
B:-Central Government

०-५। क्र above
Correct Answer: Option-C
Question®:-In Double Account System which account 15 prepared for disclosing appropriation of profits?
‘A-General Account
B:-Revenue Account
‏مالي‎ revenue account
D-Capital Account

Correct Answer: Option-C

Question10:-Goodwill is to be calculated at one and half year’ purchases of average profit of last 5 years. The firm eamed profits during 3 years as Rs. 20,000. 8. 18,000 and Rs. 9,000
and suffered losses of Rs. 2,000 and Rs. 5,000 in last 2 years. The amount of goodwill will be

കട. 12,000
8:85. 10,000
CRs. 15,000
D:-None of the above
Correct Answer: Option:
Question11::Which of the following statement is/are correct?
Nat asset value is also called as
(i) Asset backing value
0) Intrinsic value
(ii) Liquidation value
கரடி 0) and (1)
B-Only (i) and (ii)
10076 of the above
D:-All of the above
Correct Answer: Option-D
‘Question12:-Inflation accounting as already stated is also called as the accounting
AcInflationary Accounting
B:-Corporate accounting
‏یھی‎ level Accounting
D:-Management Accounting
Correct Answer: Option-C
Question13:-Which of the following is the determinant of working capital?
(i) Nature and size of business
(0). Manufacturing cycle
(ii) Credit policy
(೪) Production policy
Select the correct answer from the options given below:
கரடி 0)
8:0) and (ii) only
८-0), ம and (it) only
D:-All of the above
Correct Answer: Option-D
Question14:-In Holding company accounts, profits earned after acquisition of share is treated as:
A:Revenue profit,

B=-Capital Profit


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Technical Education - Head of Section in Commercial Practice : Video